Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Short Interest Down 16.9% in May

Avalon Advanced Materials Inc. (OTCMKTS:AVLNFGet Free Report) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 31,000 shares, a decline of 16.9% from the April 30th total of 37,300 shares. Based on an average daily trading volume, of 325,100 shares, the short-interest ratio is currently 0.1 days.

Avalon Advanced Materials Price Performance

Shares of OTCMKTS AVLNF opened at $0.05 on Friday. The company has a market capitalization of $28.14 million, a price-to-earnings ratio of 4.98 and a beta of 0.76. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.49 and a quick ratio of 0.49. The business has a 50-day moving average of $0.05 and a two-hundred day moving average of $0.07. Avalon Advanced Materials has a 1 year low of $0.05 and a 1 year high of $0.13.

About Avalon Advanced Materials

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Avalon Advanced Materials Inc, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of rare metal and mineral properties primarily in Canada. The company focuses on exploring lithium, tantalum, cesium, indium, gallium, germanium, tin, yttrium, and zirconium deposits, as well as rare earth elements.

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